
Fleet electrification firm Zenobe has secured a $400m AUD financing facility to support the deployment of electric commercial vehicles in Australia and New Zealand. The company describes it as the region’s “first integrated, multi-site heavy vehicle fleet electrification financing platform.” Read more…
Author: electrive.com
Stuttgart welcomes four electric bin lorries

Mercedes-Benz Trucks has handed over the first five of a total of ten eEconic vehicles to the Stuttgart waste management authority. The electric refuse vehicles are stationed at a newly established depot in Stuttgart-Wangen. According to the partners, the EVs are working well in Stuttgart despite the challenging topography. Read more…
Rivian drops entry-level R1T and R1S as focus shifts to R2

Rivian has quietly removed the lowest-priced versions of its flagship R1T pickup and R1S SUV from its online configurator. It signals a shift toward higher-margin vehicles ahead of the launch of the R2 crossover. Read more…
VW software firm Cariad opens AI Hub in Berlin

Volkswagen’s software subsidiary Cariad is consolidating part of its team from seven locations into a single central hub. To this end, Cariad has now opened an ‘Automotive Software Campus’ in Berlin. This is intended to contribute to Cariad’s current cost-cutting measures. Read more…
Car subscription provider Finn raises €140 million in funding

The car subscription platform Finn has completed a financing round of nearly €100 million euros and additional deals worth a further €40 million euros. The company, which is increasingly specialising in electric cars, is now valued at just over one billion euros according to its own statements and has achieved ‘unicorn’ status for the first time. Read more…
Spain’s new EV incentive scheme to launch in July

Spain’s new ‘Plan Auto+’ subsidy program is nearly ready for launch. Applications can reportedly be submitted from July, and retroactively for EVs purchased from January 1, 2026. The maximum grant is €4,500 per vehicle, but complex conditions apply. Read more…
Solaris expands annual capacity by 500 buses

Polish bus manufacturer Solaris has opened a new production hall in Środa Wielkopolska near Poznań. With a total area of over 7,000 square meters, the facility will be used for the final assembly of city buses. This is set to increase the company’s annual capacity by 500 buses. Read more…
BEVs over Hydrogen: South Korea considers reallocating subsidies

The South Korean government is apparently considering reallocating household funds earmarked for hydrogen cars and hydrogen filling stations to EV subsidies instead. This would benefit the current EV incentive program, the budget of which would otherwise likely be exhausted by August. Read more…
Finland adopts self-driving e-shuttle for public transport

The Finnish city of Tampere is introducing an autonomous e-shuttle without a safety driver on board into regular scheduled service. The vehicle will operate on line 301 starting June 24 and will be remotely monitored as part of the EU project Metaccaze. Read more…
Nissan and Valeo collaborate on bidirectional charging

As early as 2024, Nissan announced that it would offer bidirectional charging in Europe starting in 2026. With the French automotive company Valeo, Nissan has now found a suitable partner to provide bidirectional AC charging stations for Nissan customers. The solution is currently being showcased at Power2Drive in Munich. Read more…
Driverless Xiaomi YU7 GT completes lap on the Nürburgring

Since spring 2025, Chinese manufacturer Xiaomi has been an official partner of the Nürburgring – and has already set records across various categories at the racetrack. Now, it adds the fastest lap in an autonomously driven vehicle – though it was significantly slower than with a professional driver. Read more…
Nio opens new UK R&D site

The Chinese EV firm Nio has just opened a new research and development facility in Witney, Oxfordshire. Over 40 engineers will work from the facility, which features a computer-aided engineering (CAE) space as well as a vehicle development laboratory. Read more…
Linfox to deploy 26 electric trucks in new haulage fleet

Linfox, Australia’s biggest private logistics company, is set to deploy 26 electric trucks on heavy-haulage routes across Melbourne, Brisbane, and Adelaide. The electric HGVs will replace a number of diesel trucks currently in use. Read more…
Škoda Peaq makes its world debut – offering practical space for seven

Hot on the heels of the diminutive Epiq, Skoda introduces the Peaq – its largest SUV to date with an expected base price of €49,900 euros. So where does the Peaq stack up within the Volkswagen Group – and against the competition? Read more…
VW and Elli launch V2G offer with up to €720 euros annual bonus

Some weeks ago, VW and its energy subsidiary Elli announced their V2G ambitions for Germany. At the Power2Drive trade fair, VW has now revealed that the bidirectional package will initially be available for VW, Volkswagen Commercial Vehicles, and Cupra, as well as other key details. The Mobility House will is also onboard as a technology service provider. Read more…
India: Tata Motors secures over 3,400 electric CV orders

Tata Motors Commercial Vehicles, India’s largest CV manufacturer, has announced that it has received orders for more than 3,400 EVs. Its healthy order book reflects that electric models have started becoming mainstream even in the country’s commercial vehicle market. Read more…
Nissan puts development of battery-electric Qashqai on hold

According to a media report, Nissan halted development of an all-electric version of the Qashqai in early 2025. This means that one of the three battery-electric series once announced for the firm’s UK plant will not be implemented for the time being. Read more…
Nearly 200,000 electric cars registered in May as EU retains momentum

In May, new electric car registrations in the EU increased by 43 per cent year-on-year, exceeding the 200,000 mark for the third consecutive month. One thing is clear: Tesla is back on track, accounting for eight per cent of sales. Read more…
Lucid cuts a further 18% of workforce

Just months after the last round of layoffs in February, the loss-making EV manufacturer Lucid is cutting another 18 per cent of its workforce in a bid to cut annual fixed costs. Additionally, Marc Winterhoff, who served as interim CEO until the end of May, is leaving the company. Read more…
Hina and FAW conclude long-term test of sodium-ion electric truck battery

Chinese commercial vehicle manufacturer FAW Jiefang and battery developer Hina Battery have successfully completed a long-term test of a sodium-ion battery solution for electric trucks in China. Over seven months, 15,000 km were covered, including under adverse weather conditions and temperatures as low as -40°C. Read more…

